Most profitable companies of the Fortune
Chevron
Courtesy of Chevron
Unlike Exxon Mobil, fellow oil-and-gas producer Chevron posted a far steeper decline in profit, down 10% to $19.2 billion for 2014. Results were hurt by a sharp drop in crude oil prices, which resulted in particular weak profits for Chevron's larger upstream business. The downstream business, however, improved and higher gains tied to asset sales helped offset the weak crude oil prices.
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